SEC Proposes Blockchain as Official Records for Transfer Agents
SEC proposes updating 1970s transfer agent rules to allow blockchain records for securities and tokenized assets.
The Securities and Exchange Commission proposed on 1 September 2026 to modernize transfer agent rules that have remained unchanged since the late 1970s.
Under the plan, registered transfer agents would be permitted to use blockchains as official records for securities and tokenized assets.
Open questions
The exact scope of the modernization and any implementation timeline remain unstated in the proposal.